[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.07.31 11:45
• [The Cambodia wind power project of Sinohydro Bureau 14 has officially started construction]
• On July 26, 2026, the first wind power project in Cambodia, the Mondulkirisen Monolon 150 MW wind power project, officially started construction by the 14th Bureau of Hydroelectric Power. The project is located in the mountainous area of Mondulkiri Province, with a planned deployment of 24 wind turbines and supporting facilities such as roads and power collection lines. After the completion of the project, clean power can be supplied, the local energy structure can be improved, and Cambodia's green transformation can be assisted. It is a model of green energy cooperation in the joint construction of the the Belt and Road between China and Cambodia. The implementation of this project also demonstrates the continuous improvement of China's wind power technology and the competitiveness of overseas EPC projects.Editor/Gong Ziwei

• 2026.07.31 11:41
• [China Kyrgyzstan Uzbekistan Railway Reshaps Regional Logistics Pattern]
• The President of Uzbekistan affirmed the progress of key infrastructure projects in Central Asia. The President called the China Kyrgyzstan Uzbekistan Railway a masterpiece of the century. After completion, it will create a core transportation channel, reshape regional logistics and geopolitical patterns, significantly reduce the time and cost of Asia Europe freight transportation, and the current project construction progress is ahead of schedule. In addition, Uzbekistan and Kyrgyzstan are working together to promote the Kambalata hydropower project, which has made significant progress in the past year.Editor/Gong Ziwei